Brief: Carl Zeiss Meditec AG To Acquire D.O.R.C.

Carl Zeiss Meditec AG

15/12/2023 16:46

Dec 15 (Reuters) - CARL ZEISS MEDITEC AG  AFXG.DE :
    * EQS-ADHOC: CARL ZEISS MEDITEC AG ANNOUNCES AGREEMENT TO
ACQUIRE
D.O.R.C.
    * ACQUISITION IS EXPECTED TO CLOSE IN FIRST HALF OF CALENDAR
YEAR
2024
    * PURCHASE PRICE WILL BE PAID FOR PRIMARILY BY AVAILABLE NET
LIQUIDITY OF CARL ZEISS MEDITEC AG
    * IN ORDER TO MAINTAIN OPERATIONAL FLEXIBILITY, COMPANY
PLANS TO
SEEK A SHAREHOLDER LOAN FROM CARL ZEISS AG IN AMOUNT OF EUR 400
MILLION AS PART OF FINANCING, WITH A DURATION OF THREE YEARS AND
MARKET-STANDARD CONDITIONS
    * ACQUISITION SHOULD ACHIEVE A MODEST POSITIVE CONTRIBUTION
(BY A
SINGLE DIGIT PERCENTAGE AMOUNT) TO EARNINGS PER SHARE OF CARL
ZEISS MEDITEC AG IN FIRST FULL YEAR AFTER CLOSING
    * TRANSACTION IS VALUED AT AN ENTERPRISE VALUE OF
APPROXIMATELY
EUR 985 MILLION

Source text for Eikon:  ID:nEQccyzL2a 
Further company coverage:  AFXG.DE 

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